Just wondering if I should bother applying now. Ford is offering 2.9% financing at 60mos on new mustangs, I have been wanting a premium GT for a few years and it seems like winter is the time for good deals.
I have one auto loan currently, just refinanced last month on my 2014 f150, 21k is remaining at 2.25% and 470/mo and I have one powersports toy 10k left at 340/mo. I have about 20k in cash, was planning to pay off powersports toy and stash the rest in my savings account for a rainy day so would prefer to only put down as much needed to stay ahead of one years worth of depreciation. Should I bother applying now or wait a few months. No unsecured debt or rent.
Credit Score: 740eq/735ex/760tu
AAoA:
# of positive trade lines:
# of negative trade lines: 0
Income: 260k
Lenght of Employment: 7
Previous Loan Experience: 4 under 15k all pif, one pif auto loan at 27k
Debt-to-Income (DTI):
Year of Car: 2016
Miles:new
Purchase/Refinance: purchase, 37k otd
Requested loan term (60 Months)
Down payment amount: would prefer least amount but can go up to 15k if needed.
Other
AkAir $50k | Marriott $65k | Local CU $8k
TU: 770 / EQ: 748 / EX: 769
